Iran war is fueling a bond selloff ahead of Fed Chair Jerome Powell’s final press conference

The oil shock and elevated inflation are top worries for investors in the bond market as Federal Reserve Chair Jerome Powell prepares to deliver the final press conference of his career at the central bank’s helm.

Source

MarketWatch

Read full article at MarketWatch

Opens original article in a new tab

Ackman Says It'll Take Weeks, Not Months to Invest IPO Proceeds

Pershing Square founder and CEO Bill Ackman says the company's initial public offering is the "beginning of a journey" during an interview with Dani Burger on "Bloomberg Deals." Ackman’s combined IPO for his closed-end fund and alternative asset manager raised $5 billion. (Source: Bloomberg)

40 minutes agoRead more →

EconomyDaily Composite

CNBC